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Framingham 01701
671 Central Street
$90,000
● Land - Off Market

671 Central Street

Framingham, MA 01701
bedrooms
Studio
bathrooms
0 Bath
$453,350
RealtyHop Estimate
312.51%
Since Jul 1, 1997
MA-Boston
Primary Model

About This Property

BARN ON HALF ACRE LOT  APPROVAL REQUIRED TO CONVERT THIS UNIQUE STRUCTURE INTO A SINGLE FAMILY HOME WATER FRONT SETTING VACANT EASY TO SHOW BRING YOUR BUILDER TO SEE THIS UNIQUE PROPERTY
Unit Size
-
Days on Market
-
Land Size
0.55 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1817

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #50369834)

Price History

Date / Event Date Event Price
Oct 31, 2000 Sold
Premium
Sold
Apr 14, 2000 Listed $499,000
Listed
Jun 1, 1998 Sold
Premium
Sold
Dec 18, 1997 Sold
Premium
Sold
Jun 18, 1997 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1817
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,892
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 79,410
  • Total Building Area: 4,896
  • Gross Building Area: 7,534
  • Building Area: 4,896
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 4,896
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAMINGHAM
  • Land Acres: 0000001823
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_676891_2938501
  • Parcel: FRAM M:069 B:68 L:8590 U:000
  • Block: 68
  • Lot: 8590
  • Municipality: FRAMINGHAM
  • Latitude: 42.3113
  • Longitude: -71.4233

    Address

  • Full Address: 671 Central St
  • Address - House Number: 671
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C069
  • 4-Digit Zip Code: 4809
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,269,900

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 1,130,788
  • High Value: 1,389,429
  • Low Value: 872,147

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,019,200
  • Assessed Land Value: $299,100
  • Assessed Improvements Value: $720,100

    Sales

  • Current Sale Recording Date: Oct 31, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 01, 1998
  • Previous Sale Amount: $325,532
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Framingham

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2074 ft²

Average Home Age

63 years

Currently For Sale

137 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 50369834

Frequently Asked Questions

When was property at 671 Central Street built and last sold?
The property at 671 Central Street was built in 1817 and last sold on Jan 1, 1970 for $499,818.
How much is this home worth?
The estimated value of the home located at 671 Central Street is $0.
What are some comparable homes to 671 Central Street?
There are currently no comparable homes to 671 Central Street.
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